Member Info for marland

Hockney buying shares. Small but positive.

We need to complete the Loukos well. Everything is sort of dwindling away. Let’s make something happen.

Yesterday Strike annnounced a major gas well in Western Australia at 58mmcfd. They closed Friday at 11 cents. This morning the bid is 8.5 ask $1.00 on Schwab. If Loukos has 70 meters, where Jimmy said 1 mmcfd per meter, you can do the numbers. Strike was a $600mm company before this discovery. They are now Maurice’s 10 bagger.

My bad.

It says 10/20. Otherwise take me out and shoot me later. Thanks.

I expect Vivo to pay for Loukos completion and take their pay out of product.

Https://www.offshore-energy.biz/stena-drilling-finds-more-work-for-stena-forth-drillship-pens-deal-with-intebloc/

Going to work for the Chinese for 90 days.

It is unusual to me that Chariot has not commented on the large price movements. They normally say we have no idea. Bodes well I think.

With the Stena moving on my gut tells me Energean is history. Though they originally had 40 companies interested should be a small feat to regroup and redrill. I would have drilled again asap.

Https://www.ogj.com/general-interest/article/55180223/petrobras-to-acquire-orange-basin-deepwater-stake

Petrobras to buy some acreage in the Orange basin off Namibia and South Africa.

Thank you. I am just not familiar with what kind of floating production facilities exist. But I can see a compressor ship stationed there with a lng carrier going back and forth.

Wondering if it would be technically feasible to forgo the expensive undersea pipeline and for Vivo to extract the gas at sea from 1 and 2. Compress onboard ship then bring it to shore.

6 miles. 9/19/24 at 20:58. If understand correctly.

That would be pretty close to US spacing. One gas well every 640 acres. 1 per square mile. Thanks.

Pretty sure since Thursday on here.

Someone here did. Duncan never responded.

I asked Duncan several months ago about the well separation between 2 and 3. If it is 6 miles then it is no wonder the well failed. Way too far for a step out when you consider the normal size of accumulations. If I were Rigas I would drill another well right now.

There were 40 companies interested in Anchois. Complete Loukos, get the cash started, regroup, drill Loukos and drill Anchois #4.

Look for the plan this week to complete the Loukos well. Need to get that done. Hopefully more positive news with A3 as well this week.

200 gross meters of gas in the B Sands is as good I would venture as any well currently drilling. For starters mind you.

The footwall was just an experiment. An add on. They said gas was encountered so how much and how much more down below. Nothing has changed in the big picture. There is lots of gas to be found. Remember this is the oil bidness. I like the volatility because it works both ways. Like copper some weeks ago. I saw bellies locked in limit up for 3 weeks straight in October of 1975. “Desire my pilot is, beauty my prize, who fears sinking where such treasure lies.” Stay positive and have fun.

If energean’s annual meeting is tomorrow then I look for a well update in the morning. I am US cst.